Top 5 OTC-BB and Pinksheets Market Movers
Cord Blood America Inc. (CBAI), Suspect Detection Systems (SDSS), Endeavor Power Corporation (EDVP), Elray Resources, Inc. (ELRA), and Proper Power and Energy Inc. (PPWE) were among today’s top movers.
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Cord Blood America Inc. [[CBAI.OB]], a stem cell collection, testing, processing and preservation provider, shares surged more than 20 percent after it announced a $7.5 million investment capital commitment in Series A Preferred Stock. Management noted that proceeds “should be sufficient to fund operations in the foreseeable future.”
Suspect Detection Systems [[SDSS.OB]], a developer of proprietary anti-terror and anti-crime technology, jumped more than 15 percent following the completion of a sale of its Cogito Crime Prevention Technology to a federal agency in India following an extensive evaluation of the technology by the agency over a period of several months.
Endeavor Power Corporation [[EDVP.OB]], an energy exploration company, shares moved up more than 14 percent after being featured in several newsletters and breaking a key technical resistance level. Investors are bullish that operational wells will begin producing in the near future and begin generating revenues and profits.
Elray Resources, Inc. [[ELRA.OB]], a mining and exploration company, shares surged more than 30 percent after announcing that it has appointed International Cambodian Drilling Services for 20 diamond drill holes on the company’s Porphyry Creek tenement. Drilling is schedule to commence before the end of the month.
Proper Power and Energy Inc. [[PPWE.OB]], an oil and gas production and exploration company, shares jumped more than 30 percent after it identified potential Giant Fields in Utah. The company holds an 11,000 acre lease in Utah with room for over 75 wells with an excellent chance for a “pay,” according to Robert Dunbar.
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